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Business

  • Next boss Lord Wolfson in calls for ‘renewed centre right’

    July 19, 2025

    Lord Wolfson, the boss of retail giant Next, has called for a “renewed centre right” which champions the free markets’ importance in raising living standards. Wolfson, a Conservative life peer and prominent supporter of Brexit, argued a “commitment to liberty” should form the basis of the right-wing movement in the UK. “This classical liberalism stands [...]

  • Trump sues Wall Street Journal and Murdoch over reporting on Epstein ties

    July 19, 2025

    President Donald Trump filed a lawsuit on Friday against The Wall Street Journal and media mogul Rupert Murdoch, a day after the newspaper published a story reporting on ties to wealthy financier Jeffrey Epstein. The lawsuit was filed in federal court in Miami. It seeks at least $10bn (£7.4bn) in damages. Mr Trump promised a [...]

  • Mayor of London announces £1.4m sports fund for capital

    July 19, 2025

    The Mayor of London, Sir Sadiq Khan, has this morning announced a £1.4m cash injection for community sport across the capital. Khan, currently in Africa on a trade mission, confirmed the fund in South Africa, alongside England Rugby World Cup Winner Jason Leonard OBE’s charity Atlas Foundation. The round of funding forms part of Go! [...]

  • What are heavyweight boxers like Dubois and Usyk really earning?

    July 19, 2025

    With athletes usually trading through a limited company, what are heavyweight boxers like Daniel Dubois and Oleksandr Usyk really earning? When we talk about greatness in sport, we usually talk about physical strength, mindset and sacrifice. We rarely talk about financial resilience: how athletes protect what they’ve earned long after they’ve stepped out of the [...]

  • What WeTransfer’s terms of service backtrack tells us about AI, data, and digital trust

    July 19, 2025

    Earlier this week, Dutch file-sharing platform WeTransfer found itself in the crosshairs of an increasingly familiar story: AI ambition colliding with user trust. A subtle but potent tweak to its ‘terms of service’ – a clause suggesting user files might be used to “improve performance of machine learning models” -triggered feelings of unease through its [...]

  • Axel Tuanzebe v Manchester United: Why £1m claim could change football

    July 18, 2025

    This week it emerged that Axel Tuanzebe has sued his former club, Manchester United, in a clinical negligence lawsuit. This news opens a crucial conversation about the duty of care football clubs owe to their players, who are their most valuable assets, while highlighting the complex legal landscape surrounding medical negligence in professional sports. Tuanzebe, [...]

  • Burnley and Elon Musk’s X sign behind-the-scenes deal

    July 18, 2025

    Burnley’s return to the Premier League will be documented on X after the Turf Moor club announced a deal with Elon Musk’s social media platform. Burnley and X Corporation have signed a multi-year deal that will see 20 episodes published fortnightly to give fans access to the Clarets’s Premier League season. It is hoped that [...]

  • What does Netflix’s use of AI mean for TV’s future?

    July 18, 2025

    Netflix has used generative artificial intelligence (AI) to produce visual effects in one of its original series for the first time, marking a significant moment for the streaming giant and the wider entertainment industry. The scene in question – a collapsing building featured in the upcoming Argentine science fiction drama El Eternauta – was created [...]

  • Ofwat to be replaced with ‘new regulator’ amid Thames Water crisis

    July 18, 2025

    Ofwat, the water watchdog, is expected to be abolished and replaced by a new body next week after facing intense scrutiny over sewage firms and the poor performance of major companies including Thames Water, according to reports.  A consultation on the creation of a new regulator is expected to be announced next week after results [...]

  • Losses continue at Simon Cowell’s talent agency YMU amid high-profile departures

    July 18, 2025

    Losses continued at the London talent agency which represents the likes of Simon Cowell, Graham Norton and Ant and Dec in the period it was sold for £60m, it has been revealed. YMU, whose clients also include Stacey Solomon and Davina McCall, was taken over by Permira Credit in March 2024. The deal, which saw [...]

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